Banco Valencia charges

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23 Nov 2010 12:00 AM by rugby536 Star rating. 5 forum posts Send private message

 Dear all,

We have made a couple of transactions on our new bank account with Banco Valencia and the charges seem very high.

A transfer of euro's from another bank was charged at 0.5% by BV whereas the sending bank charged a fixed fee which was tiny by comparison.  Then I made a transfer of €150 to another Spanish bank and we were charged €2.93.  This seems like weird amount but also quite a high % of the money transferred.

Is anyone else seeing charges this high on their Banco Valencia account?

Many thanks for any help.

Regards

Dave




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23 Nov 2010 8:01 PM by alexa Star rating. 71 forum posts Send private message

Hi Dave

We have an account with Banco De Valencia. I do all our transfers via HIFX and they do not charge anything to receive money via them. Also HIFX do not charge and give you a decent exchange rate. You can set up an account online and then process your payments online. You have to transfer a minimum of £250 at a time and it takes 3-4 working days to get there. Hope this helps.

Jan




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24 Nov 2010 10:36 AM by whatman Star rating in Kent. 64 forum posts Send private message

I do the same with HIFX and agree, it works well. The higher the amount you send the better the rate.

Regards



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Whatman


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22 Dec 2010 4:38 PM by Pommers Star rating in Almoradi, Spain. 606 forum posts Send private message

Pommers´s avatar

Banco de Valencia seem to charge what they feel like! Every time I paid a standing order I got charged 2.48 for a €160 payment.

Hence I have now changed bank!



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